Latin American Economy & Business - November 2018

Brazil: Flurry of Brazilian IPOs on back of Bolsonaro win

Even before the victory of far-right candidate Jair Bolsonaro was confirmed on Sunday, several companies resumed their plans for initial share offers in late October after months of paralysis. With the Ibovespa entering bull market territory, technology firm Tivit relaunched its plans for an IPO, as did lender BMG and StoneCo, the Sao Paulo-based payments firm.